DreamFolks IPO description – The company is India’s largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform. Its asset-light business model integrates global card networks operating in India (Card Networks), credit card and debit card issuers (Card Issuers) and other corporate clients, in India, including airline companies (Corporate Clients and along with Card Networks and Card Issuers, the Clients) with various airport lounge operators and other airport related service providers (collectively, the Operators) on a unified technology platform.
The company facilitates customers of Clients’ (Consumers) access to the following airport related services (i) lounges, (ii) food and beverage (iii) spa, (iv) meet and assist, (v), airport transfer (vi) transit hotels /nap room access, and (vii) baggage transfer, (collectively, the Services).
DreamFolks Services facilitates access to 100% of the 54 lounges currently operational in India, and also enjoyed a market share of over 95% of all India issued credit card and debit card (Card Based) access to airport lounges in FY2022. Additionally, in Fiscal 2022 it also accounted for around 68% of the overall lounge access volume in India. As at 31 March 2022, it has a global footprint extending to 1,416 Touch-points in 121 countries across the world through partnerships with other service providers.
Promoters of DreamFolks – Liberatha Peter Kallat, Mukesh Yadav And Dinesh Nagpal
DreamFolks IPO Details
| Subscription Dates | 24 – 26 August 2022 |
| Price Band | INR308 – 326 per share |
| Fresh issue | Nil |
| Offer For Sale | 17,242,368 shares (INR531.06 – 562.10 crore) |
| Total IPO size | 17,242,368 shares (INR531.06 – 562.10 crore) |
| Minimum bid (lot size) | 46 shares (INR14,996) |
| Face Value | INR2 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
DreamFolks Financial Performance
| Â | FY2020 | FY2021 | FY2022 |
| Revenue | 367.0 | 105.6 | 282.5 |
| Expenses | 324.3 | 108.3 | 263.5 |
| Net income | 31.3 | (1.2) | 16.6 |
| Margin (%) | 8.5 | (1.1) | 5.9 |
DreamFolks IPO News
DreamFolks Valuations & Margins
| FY2020 | FY2021 | FY2022 | |
| EPS | 6.06 | (0.28) | 2.98 |
| PE ratio | – | – | 103.56 – 109.40 |
| RONW (%) | 48.36 | (2.25) | 19.78 |
| ROCE (%) | 63.46 | 0.74 | 23.99 |
| EBITDA (%) | 12.47 | 1.94 | 8.46 |
| Debt/Equity | 0.05 | 0.03 | 0.02 |
| NAV | – | – | 15.73 |
DreamFolks IPO GMP Daily Trend
| Date | Consolidated Grey Premium | Kostak | Subject to Sauda |
| 5 Sep 2022 | 95 | 230 | 3,000 |
| 2 Sep 2022 | 90 | 230 | 3,000 |
| 1 Sep 2022 | 90 | 200 | 2,800 |
| 30 Aug 2022 | 85 | 200 | 2,700 |
| 29 Aug 2022 | 65 | 150 | 2,200 |
| 27 Aug 2022 | 75 | 200 | 2,500 |
| 26 Aug 2022 | 75 | 200 | 2,500 |
| 25 Aug 2022 | 75 | 200 | 2,500 |
| 24 Aug 2022 | 70 | 200 | 2,000 |
| 23 Aug 2022 | 65 | – | 1,000 |
| 22 Aug 2022 | 60 | – | – |
DreamFolks IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 51,72,711 | 0.25 | 0.60 | 70.53 |
| NII | 25,86,355 | 1.39 | 8.40 | 37.66 |
| Retail | 17,24,236 | 7.93 | 19.10 | 43.66 |
| Total | 94,83,302 | 1.96 | 6.09 | 56.68 |
DreamFolks IPO Reviews – Subscribe or Avoid?
Angel One – Subscribe
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Ventura Securities – Neutral
DreamFolks Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +91 22 4918 6200Â
Email:Â [email protected]
Website:Â www.linkintime.co.in
DreamFolks Contact Details
DreamFolks Services Limited
501, Tower 2, Fifth Floor,
Worldmark, Sector-65,
Gurugram – 122 018, Haryana
Phone:Â +91 0124 4173 560
Email:Â [email protected]
Website: https://www.dreamfolks.in
DreamFolks IPO Allotment Status
DreamFolks IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
DreamFolks IPO Timetable
| IPO Opening Date | 24 August 2022 |
| IPO Closing Date | 26 August 2022 |
| Finalisation of Basis of Allotment | 1 September 2022 |
| Initiation of refunds | 2 September 2022 |
| Transfer of shares to demat accounts | 5 September 2022 |
| Listing Date | 6 September 2022 |
| Opening Price on NSE | INR508.7 per share (up 56.04% from IPO price) |
| Closing Price on NSE | INR462.85 per share (up 41.98% from IPO price) |
DreamFolks IPO FAQs
How many shares in DreamFolks IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in DreamFolks Public Offer?
The best way to apply in DreamFolks IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is DreamFolks IPO GMP today?
DreamFolks IPO GMP today is INR95 per share.
What is DreamFolks IPO kostak rate today?
DreamFolks IPO kostak rate today is INR230 per application.
What is DreamFolks Subject to Sauda rate today?
DreamFolks Subject to Sauda rate today is INR3,000 per application.
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